Economy

U.S. Secretary of State Antony Blinken boards his plane for travel to Berlin at Joint Base Andrews, Maryland, June 22, 2021.Andrew Harnik | Pool | ReutersBEIJING — U.S. Secretary of State Antony Blinken is set to travel to Beijing this weekend in his first trip to China under the Biden administration.Delayed by more than four… […]

Saudi Foreign Minister Faisal bin Farhan al-Saud (C-R) and Vice Chairman of the Chinese People’s Political Consultative Conference (CPPCC) Hu Chunhua attend 10th Arab-China Business Conference in Riyadh, on June 11, 2023.Fayez Nureldine | Afp | Getty ImagesBEIJING — Venture capitalists in China that once relied on U.S. investors are now holding court with Middle… […]

Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023.Jordan Vonderhaar | Bloomberg | Getty ImagesChinese President Xi Jinping met Microsoft’s co-founder Bill Gates on Friday and said he hopes the friendship between Chinese and Americans will continue, state media CCTV reported.”The… […]

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California.Ben Jared | Pga Tour | Getty ImagesThe Department of Justice’s antitrust division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded LIV Golf, a… […]

United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States. Paul Hennessey | Anadolu Agency | Getty Images Amazon delayed the launch of […]

Sam Altman, left, and Elon Musk. Muhammad Selim Korkutata | Anatolia | Getty Images OpenAI on Wednesday filed suit against Elon Muskclaiming the world’s richest person has “tried every tool available to harm” the artificial intelligence company. The lawsuit, filed in a federal district court that last month blocked Musk’s attempt to stop the nonprofit […]

After President Donald Trump issued a 90-day pause on most of his “reciprocal” tariffs and stocks staged a historic rally, CNBC’s Jim Cramer on Wednesday shared four lessons learned from the week of market turmoil. U.S. markets surged after Trump dropped his latest tariffs to a 10% rate on all countries except China. The Dow […]

Dell, HP and Lenovo laptops on display at the Consumer Electronics Show 2025 in Las Vegas, on Jan. 8, 2025. Artur Widak | Nurphoto | Getty Images Personal computer shipments rose in the first quarter of the year as companies sped up deliveries to gear up for incoming tariffs. Research firm Canalys estimates that shipment […]

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Hedge fund mogul Bill Ackman let out a sigh of relief after President Donald Trump temporarily dropped some of […]

Sopa Images | Lightrocket | Getty Images Artificial intelligence stocks powering much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall Street, and concerns mounted over the return on investment for AI spending. The sector declines come after Friday’s disappointing July jobs report stoked recession concerns, and worries […]